The word 'downswing' is correct and commonly used in written English.
It is a noun that refers to a decrease or decline in a particular situation, trend, or activity. Examples: 1. The company's profits have been on a downswing for the past quarter due to the economic recession. 2. After reaching its peak, the stock market is now experiencing a downswing, causing investors to panic. 3. The downswing in tourism has greatly impacted the local businesses in the area. 4. The politician's popularity took a downswing after the scandal was exposed. 5. The team's performance has been on a downswing since their star player got injured.
Close study of the interval between the peaks of the Juglar cycle suggests that partial setbacks occur during the expansion, or upswing, and that there are partial recoveries during the contraction, or downswing.
Governors are spending what could be a cyclical upswing in tax revenues on entitlements—such as increased education which will be hard to reduce in a downswing.
"Clients invariably say they would like to buy but they cannot because they own too much of it already or they own something else," says Colm Kelleher, Morgan Stanley's chief financial officer.Moreover, fair-value accounting appears to play a part in the upswing of a cycle as well as in the downswing.
Worryingly for those betting on a swift economic recovery, business schools reckon that next year could yield an even bigger crop of applicants.During the previous downswing the percentage of full-time MBA programmes reporting higher applications soared as tech stars switched to textbooks (see chart).
When mortgage markets froze in 2008 and the economy sank into deep recession, metropolitan areas with high concentrations of weak borrowers fared the worst.The sunbelt's excessive downswing now looks as though it may have bottomed out.
Mexico lost thousands of export jobs in that downswing.
Almost no executives who are under the age of 40 have any first-hand experience of what it is like to manage through the downswing in the business cycle.
In November it decided to extend the duration of unemployment benefits paid to older workers, which will encourage employers to dismiss more during the next downswing.
If a club thinks it is on the brink of contention and its immediate rivals are on the downswing, it can "go all in" and swap a bunch of future draft picks for a star on a struggling franchise; conversely, a team that sees its window of opportunity closing can hold a "fire sale" and hope to rebuild in two years rather than five or six.
Statistics, as always, have played their part: after such a virulent downswing, year-on-year comparisons of output were, sooner or later, bound to start looking better.But there has certainly been a turnaround even though economists will no doubt bicker for years about what caused it.
This reinforces the downswing in the economic cycle rather than countering it.
